On the docket: $1.58B borrowing bill for transportation a cost of $241 per resident

On the heels of a $51M MBTA bailout bill vote last week, the Massachusetts House of Representatives is set to take up on Wednesday June 20, 2012 a $1,581,000,000 transportation bond bill (H4145). This will add $241 per capita to the Commonwealth’s debt load. After this “emergency” bill passes and is signed by the governor the per capita debt load from just the state side, not including municipal debt, will increase the debt to over $15,000.